Key Competitive Attractions
The Slovak Investment and Trade Development Agency (SARIO) is a government-funded organisation committed to increasing FDI levels and facilitating job creation to reduce regional disparities.
In 2007, SARIO won ‘Best European Investment Agency Award for High-Tech‘ at the World Investment Conference in La Baule, France.
Key Competitive Advantages:
- Stable economy and currency since adopting the Euro
- A simple and fair tax system with a flat tax rate of 19% and a dividend tax of 0%
- One of Europe’s fast-developing economies
- In 2007, Slovakia had the highest GDP growth in the European Union and the second highest in 2008.
- Ranked in best position among the CEE countries in World Bank’s Doing Business Report in 2008, 2009 and 2010.
- Readily available skilled and highly educated workforce
- The highest levels of labour productivity in the CEE region
- Highly competitive labour costs and a flexible Labour Code.
- Attractive investment incentives and high levels of innovation potential for R&D activities.
- Massive availability of industrial land and office space to purchase or rent Continuously developing infrastructure
- Strategic location in central Europe, surrounded by Austria, the Czech Republic, Hungary and Poland.
Sectors currently offering the best investment opportunities:
R&D, Pharmaceuticals, Design & Technology, Technology Centres, Chemicals, ICT, BPO - Regional Headquarters, High-tech sectors, Tourism Centres, Machinery & Precision Engineering, Automotive, Metallurgy & Metal Production, and Electronics.
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